Using the General Journal entries prepared in Problem 2-3B, complete the following: In problem 2-3B Susan Hurley,

Question:

Using the General Journal entries prepared in Problem 2-3B, complete the following:
In problem 2-3B Susan Hurley, Public Accountant, completed these activities during September 2014, the first month of operations:
Sept. 1 Began a public accounting practice by investing $20,000 in cash and office equipment having a $9,200 fair value.
1 Prepaid two months' rent in advance on suitable office space, $5,600.
2 Purchased on credit used office equipment, $3,800, and office supplies, $1,380.
4 Completed accounting work for a client and immediately received payment of $2,900 cash.
8 Completed accounting work on credit for Frontier Bank, $5,080.
10 Paid for the items purchased on credit on September 2.
14 Paid the annual $3,300 premium on an insurance policy.
15 Paid $1,250 to attend an all-day seminar on September 20 regarding ethical accounting practices.
18 Received payment in full from Frontier Bank for the work completed on September 8.
20 Attended the seminar paid for on September 15.
24 Completed accounting work on credit for Travis Realty, $5,000.
28 Hurley withdrew $2,500 cash from the practice to pay personal expenses.
29 Purchased additional office supplies on credit, $450.
30 Paid the September utility bills, $1,750.
1. Set up the following accounts (use the balance column format or T-accounts): Cash (101); (106); Office Supplies (124); Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163); (201); Susan Hurley, Capital (301); Susan Hurley, Withdrawals (302); Accounting Fees Earned (401); Professional Development Expense (680); and Utilities Expense (690).
2. Post the entries to the accounts and enter the balance after each posting.
3. Prepare a trial balance as of September 30, 2014. Accounts Payable
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